Gold's Gym vs Kidz On The Go Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Gold's Gym vs Kidz On The Go including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Gold's Gym Franchise
Kidz On The Go Franchise
Investment $22,182,505,000,500$100,000 - $125,000
Franchise Fee $40,000$25,000
Royalty Fee 5%7%
Advertising Fee 2%-
Year Founded 19651993
Year Franchised 19802007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Gold's Gym Franchise
Kidz On The Go Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Gold's Gym Franchise
    Kidz On The Go Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Gold's Gym Franchise
    Kidz On The Go Franchise
    Training Available at headquartersYou can count on all the training and on-going support you'll need to succeed.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Regional advertising-
    Operations 30% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed.

    Superior Business Model � You manage Kidz On The Go� from home, but you offer programs at existing facilities (Childcare Centers, Pre-Schools, Public and Private Elementary Schools, Camps, Special Events, Private Parties, etc.). This means that you are offering an additional service to someone else's established customer base. Kidz On The Go� is attractive to them because you offer a unique mobile, complimentary, turn-key enrichment program. For you, overhead is low because you use their facility, and your "customers" are already in place.

    Expansion Plans

     
    Gold's Gym Franchise
    Kidz On The Go Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Gold's Gym

    Bodybuilders training outside on Muscle Beach were the first customers for the original Gold's Gym when it opened in Venice, California, in 1965. With its intense, no-frills atmosphere, the gym soon became known as the 'Mecca of Bodybuilding.' Arnold Schwarznegger's movie 'Pumping Iron' focused on Gold's Gym, propelling it into the spotlight in 1975. Gold's Gym has been franchising since 1980, and franchises account for more than 90 percent of its locations. In addition to running the health club facilities, franchisees sell Gold's Gym licensed apparel through their Pro Shops.

    "franchiserankingscom"
    #61 on Franchise Rankings.com

    "Entrepreneur
    #427 in Franchise 500 for 2020.


    About Kidz On The Go

    If you enjoy making children healthy and happy, and you are excited about growing your own business, a Kidz On The Go� franchise may be right for you! Rapidly Growing Demand - There are many key social and economic forces causing the market potential for Kidz On The Go� to expand quickly: Working Families - With both parents working in most families and a growing number of single parent households, some 70% of kids are in childcare or before and after school programs all day long. Inactive Children - Every year our children spend more time watching TV, playing video games and interacting with computers. Physical Education classes are being rapidly eliminated from many School curriculums. Studies have shown that this inactivity is the primary reason child obesity has tripled in the last 30 years. This in turn causes many medical and self-image problems, not the least of which is unhealthy lifestyle habits that last a lifetime. More and more parents and educators are aware of these risks and are searching for programs that will keep children active and help build positive attitudes and confidence about fitness and sports in general. Home-based (no store front or facility required) No teaching or fitness experience required Low start-up and low overhead costs Rapid growth market $28 Billion Children's Service Industry Child Obesity on the go Kidz On The Go� the right place at the right time Highly unique and proven business model Strong training and on-going support Protected geographic territories If you enjoy working with children, and you are excited about owning your own business, a Kidz On The Go� franchise may be right for you! When you get on the go with Kidz On The Go�, you are associating with a company that is reaching out to young children in a very special and unique way. We are also increasing awareness of the value and importance of Fitness and developing healthy, active habits for the "Mind/Body Connection" for children in the new millennium. Unlimited Marketing Opportunities Day Care Centers Pre-schools Camps Parks & Recreation Departments Birthday Parties Festivals Special Events Company Picnics Service Clubs (Moose, Elk, etc.) Colleges/Universities with child care programs Play Centers YMCA's - programs and child care Recreation Centers Clubhouses (community & private) Children's Toy Stores Fitness Centers Weight Loss Centers Hospitals Military Bases Corporate Child Care Gymnastic Centers Any Teaching or Tutoring Locations Ice/Roller Skating Rinks Church Childcare Church Mothers' Day-Out Programs Children's Museums